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The Truth about Startup Lawyers

Inc42 Daily Brief

Stay Ahead With Daily News & Analysis on India’s Tech & Startup Economy

 

In your first startup venture you may not think about the legal implications of what you are working on. Your only aim is go and launch.

When startups are self sustaining and profitable enough to afford an attorney, that is good news. However it also implies that they are also large enough for dire consequences, if something goes wrong. Many small startups work with services like LegalZoom, but others prefer seeking out dedicated legal counsel.

Working with an attorney can sometimes be frustrating, as it seems the default response from him/her is “No! No! Not possible. Not legal. Too risky.” After all the purpose of having an attorney is to protect you. The way to get around this is to ask your attorney the “What is the risk of not obeying their recommendation?” Then you can make an executive decision on what to do next.

Note: We at Inc42 take our ethics very seriously. More information about it can be found here.

Inc42 Daily Brief

Stay Ahead With Daily News & Analysis on India’s Tech & Startup Economy

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